eight teams including cal, oregon, and syracuse are drawing fans from far and wide. local business owners are gearing up for busy days. >> going to be much bigger than any sort of event that goes on at hp typically bigger than a sharks game. >> many local businesses say they lost at least a third of their incomes during the nhl lock out now thousands of basketball fans are in town and that could help them bounce back. >>> president obama introduced his choice as secretary of labor, thomas perez. he is son of dominican immigrants. >> over my career i have learned true progress is possible, if you keep an open mind, listen to all sides and focus on results. >> so far perez is the only hispanic to be named to the president's cabinet during his second term. at least one republican has said he will block the nomination because of perez's work with the justice department on a voting rights case in louisiana. >>> new details on president obama's upcoming visit to the bay area next month. april 3rd arrival, reported for two events in san francisco the first, a $5,000 per per